Bermuda Finance Industry News

Latest Bermuda News from Finance Industry Today.

Industry veteran McKeown to head Juniperus
16 May 21:10 GMT

… McKeown will return to Bermuda to head up insurance asset manager, Juniperus … extensive experience with reinsurance in Bermuda having set up two companies … investor funds managed by Citadel Investment Group LLC. Between the two …
Web-savvy furniture store marks 10 years in business
16 May 12:00 GMT

… shopping? One local furniture shop, Bermuda Savings Zone, is no stranger … is the landed cost in Bermuda,” he said, adding that many … will call to obtain their credit card information over the phone. “We …
Bermuda Commercial Bank 6 Month Profit: $3.2M
15 May 17:37 GMT

The Bermuda Commercial Bank Limited [BCB] released … the unrealised growth of our investment portfolio boosted shareholders’ equity to … years ago. BCB has become Bermuda’s bank of choice for …
BFIS ‘Careers In Insurance’ Booklet Released
15 May 15:29 GMT

… Bermuda Foundation For Insurance Studies has released a 20-page booklet ‘Careers In Insurance … : Why is the insurance industry important to Bermuda? What is insurance? What can … history of insurance? How did the insurance industry get started in Bermuda? It …
Bermuda Signs Double Taxation Agreement With Qatar
15 May 15:17 GMT

… . Cox, JP, MP, Bermuda Premier and Minister of Finance while H.E … us to market Bermuda as an interconnecting domicile for investment to and … , while Bermuda is shaped like a fish hook. With Bermuda using our …
LightSquared files bankruptcy
15 May 14:17 GMT

… officially filing for bankruptcy. The company had hinted that bankruptcy might be … filed Chapter 11 bankruptcy yesterday in a U.S. Bankruptcy Court in … . LightSquared’s Canadian and Bermudan affiliates also filed for bankruptcy. [via Bloomberg]
Warwick Academy students earn $10,000 for school through investment success
15 May 11:40 GMT

… achievement was praised by KPMG Bermuda partner, Steve Woodward. “We really … there related to the investment sector — accounting, banking, investment management — but we …
Wireless venture files for bankruptcy
15 May 02:04 GMT

… , a LightSquared spokesman, said Monday. Bankruptcy “is intended to give LightSquared … from creditors, delaying a potential bankruptcy. Bondholders, including Carl Icahn, Andrew … . The company’s Canadian and Bermudan affiliates also filed for court …
Bermuda Signs Double Tax Agreement With Qatar
14 May 14:14 GMT

… Finance, the Government of Bermuda on behalf of the people of Bermuda … market Bermuda as an interconnecting domicile for Bermuda and investment … Qatar Airways, also Bermuda’s reinsurance industry … providers, hosted a Bermuda/Qatar Business Development …
Finance Ministry examining report on black money
13 May 08:03 GMT

… submitted its report to the Finance Ministry.The Ministry, however, declined … have been concluded with Bahamas, Bermuda, British Virgin Islands, Isle of … which has no domestic interest.Finance Minister Pranab Mukherjee is likely …
Finance Ministry examining CBDT committee report on black money
13 May 04:53 GMT

… submitted its report to the Finance Ministry. The Ministry, however, declined … have been concluded with Bahamas, Bermuda, British Virgin Islands, Isle of … which has no domestic interest. Finance Minister Pranab Mukherjee is likely …
Cox hopes for investment after agreements struck with Qatar
12 May 07:16 GMT

… Ministry of Finance’s strategy to position Bermuda to … new business and investment opportunities for both countries. . … market Bermuda as an interconnecting domicile for Bermuda and investment … service providers, hosted a Bermuda/Qatar Business Development …
Qatar DTA Will Boost Investment In Bermuda, Says Cox »
11 May 13:28 GMT

… May 2012 Bermuda's Premier, and Minister for Finance, Paula Cox … DTAs also positions Bermuda as an interconnecting domicile for investment from and … to facilitate increased trade and investment between nations, including by limiting …
Qatari delegation may tour Morgan’s Point after signing agreements with Bermuda
10 May 17:44 GMT

… signed today with the Bermuda Government. Premier Paula … the Ministryof Finance’s strategy to position Bermuda to … market Bermuda as an interconnecting domicile for Bermuda and investment from … including Qatar Airways, also Bermuda’s reinsurance industry …
ECIA Selects OneBeacon as New Exclusive Insurance Provider
10 May 13:09 GMT

… connection therewith. SOURCE OneBeacon Insurance Group ALPHARETTA, Ga., … OneBeacon: OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding … a range of specialty insurance products sold through … team of specialty insurance professionals focused on …
SEC Charges Former Detroit Officials And Investment Adviser To City Pension Funds In Influence Peddling Scheme
9 May 19:29 GMT

… MayfieldGentry Realty Advisors LLC, an investment adviser whose CEO Chauncey Mayfield … pension funds recommending the REIT investment. Meanwhile, the SEC alleges, MayfieldGentry … from Bermuda, and Kilpatrick’s father and his girlfriend back from Bermuda …
Pearman & Jones Join Conyers Bermuda
9 May 10:57 GMT

… firm’s Bermuda office as it continues to strengthen its Bermuda offering … relating to business and commerce, insurance and reinsurance, trust and chancery … ’ Bermuda office since 2005. His practice focuses on banking and finance, capital …
After 41 years of guarding Bermuda’s borders, it’s time for a rest
8 May 13:32 GMT

… Caribbean have frequently come to Bermuda to observe the practices of … puts out best practices and Bermuda has implemented most of … officer, Kelly Trott, in the Bermuda department who has carried … s degrees in business and finance, respectively. She said some …
Pay down their mortgage or save for retirement? What should family do?
5 May 11:21 GMT

… local Bermuda company shares, also completely underwater. They have basic investment understanding … retirement. Pay down the mortgage. Buy life insurance. Invest in a variety …
Stocks to watch Thursday: Georgia Gulf, Carlyle
3 May 11:03 GMT

… MarketWatch WASHINGTON (MarketWatch) — Among the stocks that could see active trade … tender offer, the Bermuda-based provider of reinsurance and insurance services said. Wednesday …
HSBC sells US credit card unit to Capital One
3 May 09:59 GMT

… sale could affect HSBC Bermuda customers, a bank spokesperson … impact to HSBC Bank Bermuda Limited issued credit cards or the card … . While HSBC Finance Corp will cease issuing credit cards, HSBC Bank … the HSBC Bank USA credit card business and its upstate …

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